The 8 ½ inch hole will be drilled to a planned section depth of 1,700 metres prior to cutting 27 metres of core in the Kockatea Shale before drilling on to the deeper objectives.

The Drover-1 exploration well is located on pastoral land in the Shire of Coorow, approximately 18 kilometres southeast of Green Head and 220 kilometres north of Perth.

The Drover-1 exploration well will be drilled vertically to a planned total depth of 2,400 metres and is designed to test the unconventional gas potential in the southern area of AWE’s Perth Basin acreage. Drover-1 is targeting the Kockatea and Carynginia shale formations, the Irwin River Coal Measures and the High Cliff Sandstones. Core samples will be collected and sent for analysis before determining the next phase of activity.

The Joint Venture partners in EP455 are:

AWE Limited (via subsidiaries) (Operator) 81.50%

Titan Energy Limited 18.50%